you want the old house and senate which is unrepresentative of what the country has just voted making laws that are contrary to what the new house and senate are going to do. i think most likely for all the fears and lord knows we will cover it on cable news, of a fiscal cliff my guess just gets put off. >> we do see the likelihood to make a deal as they are saying but there are two complications to that. there is a lot of incentive for the markets day by day are tracking and there will be a lot of incentive to reassure the market but the two impediments to that. one, the white house tends to play real hardball. they put it off and they lose their leverage. they do not plan to just extend all that and ponzo that. there will be a fight over that and second president obama wins paul ryan is going to be back in the house and he probably will be running for president in 2016 and if paul ryan is back and elected for president he is not going to want to make a deal seen as raising revenue, raising taxes in the current server does we'll listen to them. that is another hurdle. >> that is important